25. Instructions for Roll-Over of Fixed Deposits

Instructions given by the Account Holder on fixed deposits denominated in Sterling must be received by the Bank by no later than 12:00 noon on the date of maturity. Instructions on deposits in a currency other than Sterling must be received by the Bank at least two working days before the maturity date.

The Bank may (but is not obliged to) disregard any instructions from the Account Holder received by the Bank after the designated times.

Where the Account Holder has given no instructions or instructions which appear to the Bank to be inadequate, the Bank will determine, at the maturity of the deposit, having regard to the balance on the Account and the usual practice of the Account Holder for such deposits, the extent of the deposit to be renewed for a further fixed period and the length of that period.

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